Quarterly report pursuant to Section 13 or 15(d)

Construction Contract and Other Service Revenues

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Construction Contract and Other Service Revenues
 6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Construction Contract and Other Service Revenues Construction Contract and Other Service Revenues
We disaggregate our construction contract and other service revenues by compensation arrangement and by service type as we believe it best depicts the nature, timing and uncertainty of our revenue. The table below reports construction contract and other service revenues by compensation arrangement (in thousands):
For the Three Months Ended June 30, For the Six Months Ended June 30,
2021 2020 2021 2020
Construction contract revenue:
Guaranteed maximum price $ 11,388  $ 5,432  $ 13,489  $ 10,476 
Cost-plus fee 5,847  3,563  18,333  6,872 
Firm fixed price 2,441  2,984  3,912  8,056 
Other 312  257  812  513 
$ 19,988  $ 12,236  $ 36,546  $ 25,917 
The table below reports construction contract and other service revenues by service type (in thousands):
For the Three Months Ended June 30, For the Six Months Ended June 30,
2021 2020 2021 2020
Construction contract revenue:
Construction $ 18,828  $ 10,851  $ 34,584  $ 23,734 
Design 848  1,128  1,150  1,670 
Other 312  257  812  513 
$ 19,988  $ 12,236  $ 36,546  $ 25,917 

We recognized an insignificant amount of revenue in the three and six months ended June 30, 2021 and 2020 from performance obligations satisfied (or partially satisfied) in previous periods.

Accounts receivable related to our construction contract services is included in accounts receivable, net on our consolidated balance sheets. The beginning and ending balances of accounts receivable related to our construction contracts were as follows (in thousands):
For the Six Months Ended June 30,
2021 2020
Beginning balance $ 13,997  $ 12,378 
Ending balance $ 10,003  $ 8,898 

Contract assets, which we refer to herein as construction contract costs in excess of billings, net, are included in prepaid expenses and other assets, net reported on our consolidated balance sheets. The beginning and ending balances of our contract assets were as follows (in thousands):
For the Six Months Ended June 30,
2021 2020
Beginning balance $ 10,343  $ 17,223 
Ending balance $ 9,766  $ 5,508 

Contract liabilities are included in other liabilities reported on our consolidated balance sheets. Changes in contract liabilities were as follows (in thousands):
For the Six Months Ended June 30,
2021 2020
Beginning balance $ 4,610  $ 1,184 
Ending balance $ 2,320  $ 2,435 
Portion of beginning balance recognized in revenue during:
Three months ended June 30 $ 2,070  $ 92 
Six months ended June 30
 $ 2,617  $ 738 

Revenue allocated to the remaining performance obligations under existing contracts as of June 30, 2021 that will be recognized as revenue in future periods was $171.7 million, approximately $69 million of which we expect to recognize during the remainder of 2021.
We have no deferred incremental costs incurred to obtain or fulfill our construction contracts or other service revenues and had no significant credit loss expense on construction contracts receivable or unbilled construction revenue in the three or six months ended June 30, 2021 and 2020.